Grace Chee
Driveway repair from tree roots damages
10 September 2024 | 1 reply
Hi! Need recommendations for a driveway repair - there is a big tree in my front yard whose roots have aggressively lifted the concrete slabs of my driveway. Does anyone have any recommendations for a good contractor ...
Joe OHara
Attorney recomendations for undisclosed property defects
12 September 2024 | 2 replies
Any recomendations for an attorney to file suit against seller who did not disclose known foundation damage?
Nakul Patel
Looking to buy investment property
13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.
Mak K.
Hurricane Damage Declaration- Tax Exemption?
7 September 2024 | 0 replies
How does federal tax exemptions or reductin for hurricane damages work?
Jane Dang
New fence replacement on rental property is deductible or depreciation
11 September 2024 | 18 replies
It was not a newly constructed fence to increase the value of the property; rather, it was a replacement for an old, damaged fence due to nature disaster.
Peter Christensen
Is the applicant cheating the application/possibly using a stolen identity?
13 September 2024 | 5 replies
She said the tenant was basically a perfect tenant for the last 11 years with never a late payment or noise or damage complaint.
Lan Raby
Ultimate Money Pit... Quadplex priced too good to be true. The true cost was stress.
11 September 2024 | 6 replies
Upper Unit got broken in and they stole the new hotwater heater, new appliances, and air conditioner..... damage flooded upstairs and downstairs units.4.
Ashley C.
Let's Get REAL For A Minute Section 8 HUD Property Investors
11 September 2024 | 69 replies
So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also something about investors not wanting to put money needed into Section 8 properties because they think they're just going to be ruined by these Section 8 tenants, and as someone who knows the entire process with investors, owners, contractors, tenants, and prospective tenants, this is what I have to say about it:In my experience, Section 8 HUD tenants are actually better custodians of the property because of many factors, but 3 of the main reasons being, there is an annual HUD inspection that is performed on each property, so this gives the owner an extra 'protection vector' against damages, also, the initial placement of a Section 8 HUD tenant requires a passing HUD inspection, therefore there's a record of the property's initial state prior to move in, and additionally, they want to have an easy renewal voucher process annually, and their unit remaining in good condition is an incentive for those reasons, therefore they are LESS likely to damage a property - their future depends on it!
Michael Lynch
Help with background check information
11 September 2024 | 2 replies
We had major problems with Airbnb and VRBO not covering damages to the home after many phone calls and being on hold for hours switching back and forth to many different people.
Bobby Valcin
Cobb County GA basement rental
12 September 2024 | 28 replies
I actually think I could get closer to $1,500/mo for this one because it's so nicely finished, and also has 2 additional finished rooms that could be office and storage space/dressing room.